LDO

Alert

Funding spread now, next payment 14:00 UTC−0.1116%/8h

next payment, per $10,000−$1.39paid, last 24h−0.334%paid, last 7 days−0.650%to open and closeno order book

Long on Hyperliquid Short on Coinbase International

The current rate is far above what this pair has been paying: over the last 7 days it paid -0.650% in total (about -33.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.39 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid LDO	0.4317	0.0100	pay 0.0013% / 1h	54m 04s	$12.3M	$3.5M	5x
Short	Coinbase International LDO-PERP-INTX	0.4296	−0.1016	pay 0.0127% / 1h	54m 04s	$115K	$32K	50x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee HyperliquidbpFee Coinbase InternationalbpOrdersRate

Funding earned: −$234.36
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$253.36
Break-even: never at this rate

Slippage unknown: Hyperliquid: live order book, 10 min ago; Coinbase International: live order book, 65 min ago. Net counts fees only.

Price risk

price view

Price gap now: −0.477%
Avg gap 7d: −0.088%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Hyperliquid live order book, 10 min ago	1.03 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Coinbase International live order book, 65 min ago	17.03 bp	22.0 bp −$22	doesn't fit	doesn't fit	doesn't fit

LDO on 28 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Coinbase International LDO-PERP-INTXshort	−0.1016%	1h	$115K	$32K	50x
Injective LDO/USDC PERP	−0.0430%	1h	$4K	$177K	12x	as long as short
Backpack LDO_USDC_PERP	−0.0356%	1h	$88K	$187K	10x	as long as short
Deribit LDO_USDC-PERPETUAL	−0.0213%	1h	$3K	$10K	25x	as long as short
Kraken Futures PF_LDOUSD	−0.0086%	1h	$1.1M	$546K	50x	as long as short
dYdX LDO-USD	0.0000%	1h	$83K	$21K	5x	as long as short
Polymarket Perps LDO-USD	0.0000%	1h	$27K	$1.5M	5x	as long as short
Bybit LDOUSDT	+0.0048%	8h	$16.4M	$12.6M	50x	as long as short
Variational Omni LDO	+0.0078%	8h	$223K	$154K	—	as long as short
BloFin LDO-USDT	+0.0080%	8h	$837K	$149K	75x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Lighter LDO	+0.0096%	1h	$864K	$237K	10x	as long as short
Paradex LDO-USD-PERP	+0.0100%	8h	$3K	$56	20x	as long as short
Hyperliquid LDOlong	+0.0100%	1h	$12.3M	$3.5M	5x
Aster LDOUSDT	+0.0100%	8h	$167K	$312K	10x	as long as short
Pacifica LDO	+0.0100%	1h	$111K	$189K	10x	as long as short
Binance LDOUSDT	+0.0100%	8h	$17.9M	$37.6M	75x	as long as short
OKX LDO-USDT-SWAP	+0.0100%	8h	$4.0M	$9.4M	50x	as long as short
Gate LDO_USDT	+0.0100%	8h	$1.5M	$1.0M	50x	as long as short
MEXC LDO_USDT	+0.0100%	8h	$9.9M	$7.2M	200x	as long as short
KuCoin LDOUSDTM	+0.0100%	8h	$2.5M	$4.0M	50x	as long as short
Bitget LDOUSDT	+0.0100%	8h	$3.3M	$3.7M	75x	as long as short
BingX LDO-USDT	+0.0100%	8h	—	$4.8M	—	as long as short
ApeX Omni LDOUSDT	+0.0100%	1h	$33K	$650K	50x	as long as short
SunX LDO-USDT	+0.0100%	8h	$2K	$1.4M	20x	as long as short
Extended LDO-USD	+0.0104%	1h	$260K	$1.0M	25x	as long as short
Aevo LDO-PERP	+0.0104%	1h	$38K	—	3x	as long as short
GMX LDO/USD [ETH-USDC]	L +0.0296% / S −0.0174%	1h	$24K	—	100x	as long as short
Reya LDORUSDPERP	+0.0322%	1h	$301K	—	15x	as long as short